Asian stocks were mixed
on Friday after positive data in China's industrial profits. Elsewhere, Japanese
retail sales data for November showed worse-than-expected results.
The mainland Chinese markets finished today’s
session mixed. The Shanghai Composite by 0.08 percent to close at 3,005.03 dragged-down
by losses in Technology and Healthcare, despite the gains in Consumer
Non-Cyclicals sector that closed the session higher by 1.31 percent.
Furthermore, Hong Kong’s main index Hang Seng was
boosted on Friday and finished the session at 28,225.42 supported by gains in
Consumer Cyclicals, Energy, and Technology sectors.
South Korea's main index (Kospi) was slightly
rose on Friday by 0.29 percent and settled at 2,204.21. Supported by the gains in
the Technology, Healthcare and industrials sectors.
Japanese Stock Market:
Japanese stocks declined on Friday, as the primary
index NIKKEI 225 lost around 0.36 percent to end the session at 23,837.72 pressured
by the losses in Consumer Non-Cyclicals, Energy and Healthcare sectors.
In stock news, J.Front Retailing Co Ltd was
the best performer in today’s trading session as its stock Jumped-up by 5.22
percent, while Japan Tobcco Inc was the worst performer and finished the
session lower by 3.47 percent.
In the Forex pace, the Japanese Yen strengthened
against the Greenback and traded at 109.466 at 10:00 GMT.
Australian Stock Market:
Australia’s S&P/ASX200 index rose on Friday
and closed the session at 6,821.70. Supported by the gains in Basic Materials, Industrials
and Financials.
In stock news, Silver Lake Resources Ltd was
the best performer of the session as the share jumped 7.29 percent. On the
other side, AusNet Services Ltd was the worst performer and finished the
session lower by 1.98 percent.
In the Forex space, the Aussie overpowered the
U.S. Dollar counterpart and traded at 0.69659 at 10:00 GMT.
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